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Billionaire investor Mark Cuban took a “memecoin” swipe at Brian Armstrong on Monday, in response to Coinbase Global Inc. CEO’s call to revisit accredited investor rules in the U.S.
Armstrong Bats For Retail Investors Amid IPO Wave
Armstrong said on X that current rules unfairly restrict “retail investors” from early-stage private deals, forcing them to wait until IPOs, when much of the upside has already been captured.
“These rules were created with the best of intentions, to protect regular people from scams – a noble idea,” he added. “Unfortunately, in practice, they’ve often made it illegal to get richer, unless you’re already rich.”
His remarks follow the blockbuster stock market debut of Space Exploration Technologies Corp., which operated as a private company for over 24 years.
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Artificial intelligence giants OpenAI and Anthropic are also on track to go public, having filed confidential paperwork for their respective IPOs earlier this month. OpenAI has remained a private company since 2015, while Anthropic has been privately held since 2021.
Just sell em MemeCoins Brian ! https://t.co/UQ1okibd6i
— Mark Cuban (@mcuban) June 16, 2026
Cuban Jabs Armstrong
Accredited investor rules are set by the SEC, dictating who is legally permitted to invest in private markets. An individual qualifies if they have a net worth exceeding $1 million, excluding their primary residence, or earned more than $200,000 in each of the last two years.
However, Cuban saw the funny side of it.
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“Just sell em MemeCoins, Brian,” the “Shark Tank” star said, as if implying that memecoins are an already accessible way for retail investors to chase big upside without needing accredited status.
However, the cryptocurrency crowd was not amused at his take, with some accusing him of bitterness due to his recent “losses” in the market.
Tell me you lost money in crypto and are bitter without telling me you lost money in crypto and are bitter…
— The White Whale (@WhiteWhaleLabs) June 16, 2026
Cuban’s cheeky take also led to the creation of CUBEN, a Solana meme coin parodying him. The token was up 195% in the past 24 hours, according to CoinMarketCap, although with very thin liquidity.
See Also: Skip the Regrets: The Essential Retirement Tips Experts Wish Everyone Knew Earlier.
Is Cuban Done With Crypto?
Cuban is the same person who once aggressively endorsed Bitcoin as a hedge against inflation, only to sell “most” of it because it didn’t turn out to be the shield he expected it to be.
He also expressed his dissatisfaction with cryptocurrency in general, arguing it hasn’t come up with an “application for grandma.” He referred to memecoins as “garbage.”
It’s worth adding that Cuban was one of the most vocal advocates of Dogecoin, and the NBA team Dallas Mavericks, of which he is a minority owner today, began accepting DOGE as payment for tickets and merchandise
Mark Cuban | Photo courtesy: Kathy Hutchins / Shutterstock.com
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Building Wealth Across More Than Just the Market
Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That’s why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn’t tied to the fortunes of just one company or industry.
Arrived
Backed by Jeff Bezos, Arrived Homes makes real estate investing accessible with a low barrier to entry. Investors can buy fractional shares of single-family rentals and vacation homes starting with as little as $100. This allows everyday investors to diversify into real estate, collect rental income, and build long-term wealth without needing to manage properties directly.
ARK7
Residential real estate has historically provided investors with income potential and long-term appreciation, but direct ownership can be expensive and time-consuming. ARK7 enables investors to buy fractional shares of rental properties, offering access to potential rental income and real estate exposure without property management responsibilities. By lowering the barrier to entry, the platform gives investors another way to diversify beyond traditional stocks and bonds.
Doroni
Electric aviation is an emerging industry with the potential to transform personal transportation and urban mobility. Doroni is developing eVTOL aircraft designed for personal use, aiming to combine the convenience of a car with the flexibility of vertical flight. As interest in advanced air mobility grows worldwide, the company is positioning itself within a sector that could play a significant role in the future of transportation.
Immersed
Immersed is building technology for the future of work through spatial computing. Known for its AR/VR productivity platform that enables users to work across multiple virtual screens, the company has grown to more than 1.5 million users worldwide. Immersed is also developing Visor, a lightweight headset designed specifically for professional productivity, positioning the company at the intersection of remote work, extended reality (XR), and next-generation computing.
Vinovest
Fine wine and rare whiskey have historically moved independently of the stock market, making them a compelling alternative asset. Vinovest manages authenticated, insured portfolios of investment-grade wine and whiskey starting at $5,000 — sourcing, storage, and insurance all handled for you.
EnergyX
EnergyX is a clean energy technology company focused on direct lithium extraction and refinery technologies for the lithium-ion battery supply chain. Its proprietary DLE systems are designed to recover lithium from brine resources more efficiently and with less environmental impact, supporting efforts to expand lithium supply for electric vehicles, grid-scale storage, and other battery applications.
FarmTogether
Farmland has historically held its value through market volatility and delivered returns uncorrelated to stocks and bonds. For accredited investors, FarmTogether offers direct access to high-quality U.S. farmland starting at $15,000 — fully managed, with no landlord headaches.
EquityMultiple
For accredited investors looking beyond stocks and bonds, EquityMultiple provides access to vetted commercial real estate deals starting at $5,000, with only ~5% of opportunities passing their due diligence process.
Fundrise
Private real estate and private credit can add income and stability to a stock-heavy portfolio. Fundrise offers access to diversified private real estate and credit strategies through an easy-to-use platform, with professionally managed portfolios designed to generate passive income and long-term growth.
American Hartford Gold
American Hartford Gold is a precious metals dealer that helps clients buy physical gold and silver coins and bars, either for direct delivery or within self-directed precious metals IRAs. The company’s services include gold and silver IRAs, IRA rollovers, and home delivery of bullion, giving investors a way to use tangible metals to diversify portfolios and seek protection against inflation and market volatility.
Mode Mobile
Mode Mobile is changing the way people interact with their phones by letting users earn money from the same apps and activities they already use every day. Instead of platforms keeping all the advertising revenue, Mode Mobile shares a portion back with users who engage with content, play games, and scroll on their devices. Named one of Deloitte’s fastest-growing software companies in North America, the company has built a large beta user base and is scaling a model that turns everyday smartphone usage into a potential income stream.
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